@Pierre E. Normally

The house is in a neighborhood that is quickly growing in popularity & has enormous potential.

There has been an enormous pullback in demand across the entire country. 

I love my enormous french door bottom freezer in my own house, but neveh eveh in a rental!

As far as repair costs, that varies enormously by the house.

But I would plan to start around $175-200 sqft, builders are just too busy and charge what they want and only take the jobs that make them the most, we have an enormous shortage of skilled labor here.

To me, with the advent of the internet in the 1990s, all of this information is available for free or a fraction of the enormous cost one pays to Renatus and STILL has no license to do much of anything except write more checks if wishing to invest.

I think I missed the chance to get into Oakley(wow that has grown enormously just in the last 3 years!)

The avalanche of new government programs, new tax laws and rules, new reporting requirements, government (lack of) processing and responding, ever-changing technology including adapting to all-remote work - all of that creates an enormous strain on our already thinly spread resources, often resulting in longer delays and lapses in service.

If you are considering investing as a passive investor in a syndication, it is a great asset class and can be enormously successful.